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tv   FBN AM  FOX Business  December 30, 2016 5:00am-6:01am EST

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lauren: breaking news this morning, pelt respond to go u.s. sanctions on russia and says it's time to move on. dagen: happy new year in in for nicole petallides. russia plan to go retaliate, lawmakers including key republicans want to impose even stronger sanctions on the kremlin. lauren: let's see if we have can have a final trading lift and we have one. 20,000 still far away. nasdaq futures gaining 12.
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dagen: the shanghai composite up about a quarter of 1%. the kospi in south korea closed. lauren: biggest annual gain in 2009, 53.98 a barrel. dagen: 2.49%. a little bit of treasury buying. the reversal of the trump rally. lauren: dozens of garbage trucks as new york time square beef up security for the new year's eve celebration. dagen: in sports virginia tech staging an epic comeback in bowl last night. lauren: welcome to fbn:am, first look at morning markets, breaking news and what to expect for the day ahead. our last show of 2016,. dagen: happy new year. >> president-elect trump is
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responding to sanctions on russian officials and intelligent services for hacking the u.s. presidential campaign. trump releasing a statement saying, quote, it's time for our country to move onto bigger and better things. nevertheless in the interest of our country and its great people i will meet with leaders of the intelligence community next week in order to be updated on the facts of this situation. intelligence officials say the russian hacking was an attempt to help trump win the election but trump adviser kellyanne conway saying she hopes president obama's sanctions were not aimed at making trump presidency more difficult. >> i was really disappointed to read in david's new york times piece this evening the allegation or supposition that perhaps one reason that the sanctions are taking place to box in president-elect trump, forcing him to take a position or otherwise once r once he takes office. i hope that this isn't motivated
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by politics even a little bit. dagen: russian officials deny any hacking on american e-mail accounts. lauren: russia is calling u.s. officials loser. the foreign ministry says rush's response to the obama administration sanctions will be announced today already russia has closed an american school in russia for the children of british and canadian diplomats and two top republican senators are calling for additional punishment for russia, senator lindsey graham and john mccain will impose stronger sanctions on russia. >> vladimir putin is a thug and a bully and a murderer, he understands strength and that's all he understands and we are still the strongest nation on earth, we just have to do it right. lauren: senators mccain and graham want the u.s. to establish a permanent military presence to deter russian aggression. dagen: 2 million people expected to welcome in the new year in
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midtown manhattan this weekend, new york city isn't taking any chances when it comes to security. the new york pice department, nypd deploying 65-ton garbage truck filled with sand and police to block off intersections in direct response to truck attacks like those we have seen in tberm any and south of france. officials say the trucks will be a staple at big events in the future. >> it's a changing world and we have to look around what's going on not just in the united states but all around the world, so thiss mething that'll be part of the future. dagen: if you plan on joining the party in time square this year, leave your alcohol, your backpacks and umbrellas at home. lauren: but it might rain when the ball drops. dagen: wear a hood.
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lauren: nationwide cease fire seems to be taking effect. the large areas of the country do remain calm. the deal comes just days aft syrian forces regain control of the strategic city of aleppo, peace talks between both sides are expected to take place next year. dagen: other news, a mid-air meltdown landing disorderly couple in cuff, barely got off the ground in minneapolis before chaos erupted in the cabin when a couple in mid-30's began ignoring introductions from the crew. they reportedly intending to use the bathroom five minutes into the flight. the captain was force today come in the intercom twice with a warning if they didn't calm down, the plane then headed back to the gate, the couple didn't listen, they went back to minneapolis, the police then stormed the aircraft and the couple didn't go quietly then
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either. [inaudible] dagen: the couple was cited for disorderedly conduct. they have been booked and released. lauren: wow. let's get you caught up on global market action overnight on the final trading day of 2016, it was a good 2016 for the nikkei in general and for the honing song -- hong kong market. the kospi is closed in south korea for a holiday. hang seng up 1%, the nikkei down just about two tenths of one percent. dagen: take a look at stocks in europe that are trading right now all to the downside. you have losses across the board with the biggest loser there for the movement the ftse almost down a third of a percent. lauren: okay, here in the u.s.
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we have up arrows on the final day, dow futures up 34, s&p futures up about 5 and nasdaq taking up 10. dagen: we trade all day. oil and gold is up 23 cents a barrel, it's been a major one this year, up almost 50% on the year gold moving to the upside, 3.43 an ounce. lauren: it's suing amazon and wal-mart for trademark infringement. mcdaniels has called the brand valuable and suing for $50 million for infringement over clothing that bare the name. jet.com and various companies that sell products on amazon. mcdaniels claims consumers are
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being led to believe that run-dmc is endorsing these products and trading on the goo will of its name is a violation of federal trademark and unfair competition laws. dagen: twitter may soon allow you to edit your tweets. twitter ceo jack dorsey, the michael blogging social media site is thinking a lot about allowing tweet e iding, a form of edit was needed the comments come after dorcey asked for feedback on improving the service, twitter shares are down 29% this year. contract talks between charter communications and nbc universal reportedly now at impasse with less than 48 hours before
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contract expires. it could mean the loss of dozens of channels for more than 16 million customers, that mean no sunday night football. dagen: general cable may have violated 1977 born-corrupt practices act and must pay $82.3 million to the federal government in come guidelines with the investigation. general cable financial statements suggest the company may have had forei influence. general cable says they are committed to doing business ethically and has agreed to annual self-reporting for a period of three years. lauren: two days of millions
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will have increase minimum wage starting january 1st, many workers say the extra dollar 50 or so is going to make a huge difference in their lives, if you look at the businesses, restaurants affected by the increase, they say they have to get creative to absorb the costs and b make sure their customers aren't squared away if they charge higher prices. dagen: when you count down to 2017, know that the a leap second will be added. the authority on time says adding one more second to the clock is crucial to making sure that the world's atomic clock is in sync much like the way a leap year works. this isn't the first time that we see added second on our
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clocks, the world has added leap seconds to the clock every two or three years. there's a concern that the small second and time will impact adinand reservation systems, don't be surprised that there's a little bit of corkiness as we leave 2016. >> corkiness. dagen: that was my word. lauren: i like that. it will be promoting more than virtuual messaging software. the platform as the next facebook. indian government officials are expected to meet early next week to evaluate incentives thought by apple to manufacture its products in india. and the journal says the department of veterans affair overprescribed pain killers for soldiers fueling edition. speaking of opioids which is
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commonly used in surge to painkiller, the leading cause of overdoes-related deaths in long island in new york. very densely populated region which has a heroin problem and now a phentanol product. dagen: it's really tragic. more snow on the way for parts of new england. we will have forecast, plus this. lauren: some apartment build rciĆ³n giving incentives to go car free. i'm hillary, coming up. dagen: you're watching fbn:am, first look at morning markets and breaking news.
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oooh, credit karma...huh? we... probably still want those. yeah, good call. file your taxes for free with credit karma tax. lauren: good morning, happy friday, 5:15 in the morning in new york. russia after president obama booted 35 russian diplomats and flapped sanctions on the company's intelligence service over alleged election hacking, but president-elect trump says it's, quote, time for our country to move on and just right here a couple of blocks away new york city ramping up security like never before for the annual new year's eve bash. in addition to the 7,000 officers, nypd is using 65,
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20-ton garbage trucks. recent truck attacks in germany and in france. the iconic rap group from the 80's, run-dmc filing a 50 million-dollar lawsuit to amazon and wal-mart. broader markets up 10% this year. s&p futures up 5 points this morning, nasdaq up 11. dow futures are up 35 points but dagen, it doesn't look like dow 20,000 is going to happen today. dagen: you never know. the last hour of trading is the most critical particularly on new year's eve. apartment buildings are giving incentives for residents to go car free, but do people want to completely give up their automobile, hillary vaughan has details? hillary.
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>> some are ditching parking spots and offering them uber credits instead. because of ride-sharing companies line you canner and lyft analysts say they expect parking need will be cut in half freeing up 75 billion square feet of space. >> inevitable trespassed that will be the biggest game changer of real estate since the car itself. >> encouraging residents to live car free and partnering with uber to offer residents a one hundred dollar monthly credit on uber account. >> it is been wildly popular and exceeded our expectations, so since we launched in may of 2016 we had over a thousand participants in the program, over 95% of participation rate. >> occupancy almost doubled but demand for a parking spot hasn't changed at all. it saved them big bucks and a lot of times they waste looking
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for a parking spot and some aren't so sure to be car-free. >> the amount of traveling that i do. >> i will definitely consider uber and not having to pay insurance and your car payment, that would be awesome. >> i would really, really like that but i think that sometimes you just want to be in your own car and have your own music, but maybe if they give you a little more a month. >> analyst says that developers are building less parking and finding ways to repurpose the ones already here. lauren and dagen. dagen: thank you so much, hillary, hillary for fox business. lauren: coming up virginia tech making history, we will tell you what happens a long with other sport highlights. and serena williams is engaged, who is the lucky guy? find out soon. 20,000 is possible, we will see
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what happens. you're watching fbn:am on the final day of trading day of 2016
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i've spent my life planting a size-six, non-slip shoe into that door.
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on this side, i want my customers to relax and enjoy themselves. but these days it's phones before forks. they want wifi out here. but behind that door, i need a private connection for my business. wifi pro from comcast business. public wifi for your customers. private wifi for your business. strong and secure. good for a door. and a network. comcast business. built for security. built for business. lauren: tennis star serena williams, highest paid fall athlete in the world is heading to altar. she shared her engagement story, company founded by her fiance, alex is, cofounder of the self-proclaimed front page of internet and propose today serena after a year-long courtship, now he's calling himself the happiest man on the planet.
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it was acquired by publications 16 months after it was founded in 2005. dagen: virginia tech, the hoakies pulling up the biggest comeback in 124 year history. virginia tech held arkansas scoreless. 243 yards and two touchdowns. epic comeback. a bad night for russell westbrook after arguing with referees was assessed back to back technicals, first player in past 20 years to have six or more turnovers and no assist.
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grizzlies beat the thunder. cleveland cavalier making it 11 wins, the final score last night, 124-118. kevin love finished with 30 points, lebron james had 23 points and 11 assists. lebron james said if he was a report card he would give him f for a turn over. janice dean joins us right now with weekend forecast. janice: friday before new year's eve. where is your hat? make sure you have some. i'm going to go with it. 36 in new york, 27 in chicago, 19 in minneapolis, 19 in rapid city, ten in provost.
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we are not out of the ordinary. once the storm is out of the way, cooler, calmer weatr conditions for our celebration tomorrow evening. so a quick look at the northeast, this is our big storm system across the coast, still bringing snow to northern new ebbing land and we will have lake effect snow cranking up in the next 24-48 hours as the low exits but again areas across the great lakes and new england will sigh the bulls eye of snow. we could have wind gusts in excess of 20 or 30 miles per hour until the storm departs later on this evening. all right, for time square, i don't know where you're hearing about the rain drops. not going to happen in my forecast. cloudy skies and 40-degrees. that's pretty good because in the past it's been much colder than that but we will keep rain drops away from eric and
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kimberly would be doing festivities on fox news channel on new year's eve. new york as well, atlanta, you could have some showers in your forecast and across chicago and st. louis, that's a pretty good forecast if i do say so myself. back to you. lauren: i'm going make a mat just like that but mine is going to say almost 20,000 for the dow. janice: that's good, inventive of you, lauren. lauren: thank you for the inspiration. janice: i want to hear dagen's at the top of the hour. dagen: here is what donald trump says about the u.s. sanctions on russia, time to move on. we will have the latest developments on the russian hacking of the u.s. presidential campaign. unprecedented security plan for new york's time square for new year's eve celebration. what the city is doing to keep everyone safe coming up. take a look at what the markets might wind up doing in the final trading day of 2016, still
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searching for 20,000. you're watching fbn:am, first look at morning markets and breaking news.
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dagen: president-elect trump respond to go u.s. sanctions on russia saying it's time to move on. good morning, everybody, i'm dagen mcdowell in for nicole petallides. lauren: happy new year, indeed, i'm lauren simonetti. russia is threatens to retaliate but u.s. lawmakers including key republicans want to impose even stronger sanctions on the kremlin. dagen: u.s. stocks fade a lit at tend of the year. we could be in rally mode this day, if i believe trading day of 2016. lauren: asian stocks mixed on
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final trading day. shanghai composite up a quarter of 1%, down 12% this year and the nikkei in japan down about a tenth of 1%. dagen: oil prices on track for biggest annual percentage gain since 2009 and right now take a look at what the cost of crude is doing, 53.93 a barrel. lauren: now stands at 2.49%. dagen: dozens of garbage trucks in new york time square, beefing up security for new year's eve. lauren: in sports virginia tech with epic comeback last night. dagen: it is 5:31 on the east coast, december the 30th, welcome to fbn:am, first look at morning markets, breaking news and what to expect for the day ahead. lauren: we kick it off with this, president-elect trump is responding to the obama administration sanctions on russian officials and intelligent services for hacking the u.s. presidential campaign.
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trump released a statement. it's time for our country to move onto bigger and better things, nevertheless in the interest of our country and its great people, i will meet with leaders of the intelligence community next week in order to be updated on the facts of this situation. well, intelligence officials say it was an attempt to help donald trump win the election but trump adviser kellyanne conway says she hopes president obama's sanctions were not aimed at making president trump's presidency more difficult. >> the allegation or the supposition that one reason the sanctions are taking place is to, quote, box in president-elect trump forcing him to take a position or otherwise once he takes office. i hope that this isn't motivated by politics even a little bit. lauren: russian officials do deny any involvement in the hacking of american e-mail accounts.
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dagen: russia calling u.s. officials losers. the country's foreign ministry reportedly says russia's response to obama administration sanctions will be announced today. already russia has closed an american school for the children of american british and canadian diplomats and two top republican senators are calling for additional punishment for russia. senators lindsey graham and john mccain will lead effort to impose stronger punishments on russia. >> vladimir putin is a thug and a bully and a murderer, he understands strength and that's all hi understands an we are still the strongest nation on earth, we just have to do it right. dagen: senators graham and mccain want the u.s. to establish a permanent military presence in the baltic states to deter russian aggression. lauren: with 2 million people expect today wok new year in manhattan this weekend, new york city is not taking chances when
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it comes to security. the new york police department is deploying 20-ton bar damage trucks to block off intersections in time square in direct response to truck attacks like those we have seen in germany and also in france. officials say the trucks will be a staple at big events in the future. >> you know, it's a changing world and we have to look around what's going on not just in the united states but all around the world, so this is that'll be part of the future. lauren: vehicles as weapons. if you do plan to joining the party this year, nypd says leave your alcohol and leave your umbrellas at home. dagen: turning to the war ravage country of syria now where a nationwide cease-fire backed by or brokered by russia and turkey appears to be holding this morning just a few hours after taking effect. brief clashes between rebels and syrian forces were reported overnight.
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the large areas of the country remain calm. the deal comes just days after sir ape forces regain control of the strategic city of aleppo, peace talks between both sides are expected to take place next year. lauren: mid-air meltdown landing one disorderly couple in handcuffs. delta flight 2565 barely got off the ground to minneapolis before chaos erupted in the cabin. a couple in mid-30's began ignoring introductions from the crew and using the restroom five minutes into the flight, you're supposed to stay seated. the captain was forked to come on the intercom two times with a warning if they didn't calm down the plane would head back to the gate, they did not listen and when police stormed the aircraft when they got back to the gate, the couple didn't go quietly either.
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lauren: the couple was cited for disorderly conduct. dagen: glad you weren't on that flight. take a look at how stocks ended up. kospi was closed for holiday, otherwise mixed markets with the nikkei, loser among those threes. down less than two tenths of 1%. lauren: let's check out european stocks. so many markets are closing early today or entirely, early closes for london and for germany. ftse down 25 points. the cac in paris down 8 and -- dagen: futures are looking to the upside after we have seen weakness in this post election rally, 32-point began at the moment. lauren: hopefully excite meant at the closing today. dagen: definitely au will the of portfolio allocation that does go on.
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gold up $3 to 11.60 an ounce. dagen: dmc is suing amazon.com and wal-mart for trademark infringement. mcdaniels is suing to the tune of $50 million for infringement over clothing and access oirs baring the run-dmc name. jet.com as well which is owned by wal-mart as well as various companies that sell products on amazon. lauren: popular conservative news site was unbelievable last night about an hour and a half. editor says it's the result of foul play, he encountered a denial of service for the site saying it was very suspicious in terms of the routing and the timing. this is as a result of hacking
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by the federal government. dagen: network standoff threatening nbc blackout for millions of spectrum customers, contract talks between the cable giant charter communications and nbc universal are reportedly at impasse with less than 48 hours before the current contract expires. if new new deal is hammered out, that could mean the loss of dozens of channels for more than 16 million subscribers, that means no sunday night football for nfl fans with spectrum. lauren: general cable based in kentucky, target of a doj probe, general cable may have violated a 1977 law called the foreign corrupt practices act and it must pay $82.3 million to the federal government in compliance with the invest. the act caused for the prohibition of bribe's payment for assist and retaining business. according to department of justice, general cable's
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financial statements for 2013 and 2014 suggest they may have had foreign influence. they are committed doing business ethically and they have agreed to annual self-reporting for a period of three years. dagen: in just two days now, millions of the lowest paid workers in the nation will celebrate and many businesses will take a hit. 19 states including california, new york, washington and massachusetts will increase their minimum wages, extra dollar 50 or so will make a difference in their lives but restaurants affected by the increase say that they'll have to get creative to absorb the costs and to make sure that patrons aren't scared away by no higher prices on their menus. lauren: when you countdown on new year's ', a leap second will be added to the clock. the authority in time, iers adding one more second to the clock is crucial to make sure
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it's in sync. it's not the first time we added a second to our clock. since 1971 the world has added leap seconds every two or three years, the concern is that this small second in time in such a digital world will affect trading and reservation systems so if you find something as dagen would say corky happening, as we close out the year, that might be the reason for it. dagen: no alarm there. here is a look at some of the headlines in today's edition of the wall street journal. when snap markets ipo next year it'll be promong more than virtuual messaging software. the company plans to portray founder as a visionary and the platform is the next -- next facebook. indian government officials are expected to meet early next week to evaluate the incentives salt by appear toll manufacture products in that country. the journal reports, a lengthy piece, the department of veterans affairs overprescribed pain killers to returning
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soldiers, fueling addiction. the growing problem has now overwhelmed the va's facilities. speaking of opioids, commonly used in surgery, the leading cause of overdoes related deaths on long island to the east of new york city, america's most densely populated suburban region. lauren: twitter may soon allow you to edit your tweets, twitter ceo jack dorsey says the cite is thinking about allowing editing and needed. the comments after jock dorsey asked for feedback. you can edit the tweet. twitter shares, the shares are actually struggling big time. 29% this year. dagen: when you edit on facebook, it say that is you edited. it alerts you it's been altered.
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change. major winter storm slamming part it was northeast but will it be a problem for your new year's celebration, we will get answers from fox news meteorologist janice dean. do they really get your hard-earned dollar, we will take a look, fascinating story. u.s. stock market futures, what are they doing on final trading day of the year? up 30 points on the dow. futures up across the board. you're watching fbn:am, first look at morning markets and breaking news. the east and the west are mine.
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the north and the south are mine. all seems beautiful to me.
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dagen: 5:45 a.m. in new york city. russia announcing its reprical plans, the country saying it plans to expel 35 u.s. diplomats and ban u.s. diplomatic staff from using what are essentially country homes in aware house in moscow in retaliation to russia's -- to washington's sanctions. but president-elect trump saying, quote, it's time for our country to move on. new york city ramping up secu the annual new year's eve bash in time square in addition to deploying 7,000 officer it is nypd is using 65 massive garbage
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trucks filled with sand to block off intersections around time square. the move comes after recent truck attacks in germany and the south of france. the iconic group run-dmc filing a 50 million-dollar infringement lawsuit against amazon, wal-mart and other retailers alleging that they cashed on the trio's likens without their permission. checking u.s. stock market futures ahead of the opening bell, you could take a look up across the board, maybe we will get a rally, maybe to 20,000, the dow up 30 points, but it's been double-digit gains for stocks here in the united states this year. it's been a good wasn't and that's what's happening now. lauren: in fact, three dow stock that is are negative on the year and not by much. >> cokes, disney is another one. lauren: another consumer stock. dagen: sorry, didn't mean to put you on the stock. lauren: have you ever wondered how much of your donation goes
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-- >> 31% of all charitable giving happens in december, much of it in the last five days whr you're prompted by compassion or taxes, experts say only give when you're ready, don't give when the phone ricks but actually how much goes to the charity, a lot of people wonder, typically not as much as you would hope. >> american households on average donate $3,000 a year to charity, regulators say about half doesn't go to charity, however, but rather to the professional fundraisers and telemarketers they hire. >> many cases where there's a fundraising contracts where 85 to 90% of the money is going to the professional fundraising company. >> in many cases charities raised thousands but got little back and some actually lost money, example, two campaigns in 20 14, but the charity got
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billed 209,000. the covenant house said it used telemarketer to convert current donors ongoing monthly donors but ended the program this year. in 2015 the environmental defense fund ran two campaigns costing it tens of thousands. in a statement edf said campaigns were designed to attract new supporters, not raise funds. they are not alone. in 2015, 24% of charities in national campaigns took home less than 20 cents on the dollar and 21% lost money altogether. >> at charity watch we think that it shouldn't cost more than $35 to raise a hundred dollars. that's our standard for reasonableness. >> that's a high bar. over the last three years almost 80% of u.s. charities failed to keep at least 65% of their donations. but it's legal.
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as the u.s. supreme court ruled, states can not regulate how much money a charity keeps. >> the environmental defense fund says the campaign that is we referenced were designed to attract new supporters, not raise funds. the covenant house said used telemarketer on a pilot basis to convert current supporters to monthly donors because it was more efficient but they have decided to end the program. bottom line, raising money is expensive. some charity wills sign contracts that will give them ten cents on the dollar because they say it's the only way to raise money. lauren: thanks, the three dow stocks negative this year, nike, coca-cola and disney. dagen: we got two of them off of the top of my head. virginia tech, we will tell what happened. winter storm hitting parts of the northeast, we will have forecast from janice dean, fox news meteorologist.
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coming up, you're watching fbn:am
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dagen: tennis star serena williams, highest-paid female athlete in the world is heading to the alter, williams opens tennis season in new zealand
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next week shares her news on rhetoric. now he's calling himself the happiest man on the planet. lauren: that's a good picture of him. dagen: indeed. congratulations. lauren: congratulations. let's take a look at the latest in sports, virginia tech pulling off the biggest comeback in 24-year history, 24 points, half time deficit to beat arkansas 35-24 last night. vt held arkansas scoreless in the second half. evans through for 243 yards, two touchdowns for the epic comeback. go to nba. a bad night for russell westbrook, he was ejected, you're out from last night's game against the grizzlies after arguing with the referees. russell was assessed back to back technicals.
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first player in the past 20 years to have six or more turnovers and no assist in the first quarter. the grizzlies beat the thunder 114-80. cleveland cavaliers making it 11 wins in the last 13 games with victory over boston. final score last night 124-118. kevin love finished with 30 points and lebron james had 23 and 11 assists. if there were a record card here he would give himself an f for a turnover. dagen: winter storm strengthening in the northeast, let's get a look at weekend forecast with fox senior meteorologist janice dean. janice: good morning, ladies, let's take a look at the current -- rather the highs today. warmer than average across the central planes, you know what, i don't think they're arguing with 30 in minneapolis, right around seasonal. for new year's eve, what's going to happen, we do have frontal
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that's going to bring in some rain and snow, we are not talking about a big epic storm here. we could see increment weather across the northwest and southern california. all in all a really good forecast and the rain is going to hold off and not get new york city. quick look at the nyc history, the coldest was 1, the coldest windchill minus 21. really looking good. you know what, if i'm going to have one last forecast of 2016, ladies, this is it. back to you. dagen: you asked me what i would put on my hat for new year's, keep your distance. lauren: i had a feeling she was going to say that. janice: happy new year. lauren: thank you, coming up we are going to hand it off to mornings with maria
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i love paying extra to file my state returns. i want my tax software to charge me at the last second. there is nothing i can do with an extra $50. said no one ever. file your taxes for free with credit karma tax. dagen: thank you so much for watching fbn:am. lauren: thank you for this week, dagen. dagen: happy new year. lauren: happy new year to you. sandra: happy new year to you,
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lauren simonetti and dagen, we will see you in a few minutes. good morning, i'm sandra smith in for maria bartiromo, friday december 30th, 6:00 a.m. eastern. the white house hit the kremlin with sanctions over alleged hacking. >> our bottom line is what russia has engaged in the last few months and years is unacceptable. it's outside the norm of diplomatic behavior. the president is sending a message to cut it out and that's why he ordered aggressive action. sandra: russia announcing own sanctions against the u.s. we will have the details ahead. and new oversight in north texas, an officer shot after scuffle. what led to the confrontation. and burring, the new year, ahead of the holiday w

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